Find out the lateral attorney trends and what practice areas are popular.

Through the process of working with thousands of attorneys and law firms each year, BCG recruiters are able to gain a profound understanding of the legal market and insight into trends in demand for trained, lateral attorneys in the various practice areas. This article provides our perspective on the state of the American legal job market as we enter 2016.

Summary: Learn more about the history of law firm partner compensation and how partners are compensated in law firms today in this article.

There has been considerable change in law firm partner compensation systems over the past 15 years and two basic systems exist today – subjective systems and lockstep systems – according to a recent white paper. U.S. law firms overwhelmingly use subjective systems in which committees allocate compensation based on a number of factors, the most important of which is client origination. READ MORE >

Have you ever wondered what it is that corporate and finance lawyers do? If you haven’t actually worked as an attorney in a corporate or finance practice area, you probably don’t understand what the work involves other than it is “transactional” and does not include going to court. In this article, we demystify corporate and finance practice areas and explain what these kinds of lawyers spend their days (and nights) doing. READ MORE >

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